Today’s ever-evolving technology world is transforming the real estate industry, not only with new applications and tools, but also in generating volumes of information about how people approach and conduct real estate transactions. To help Realtors® understand and interpret these trends, the National Association of Realtors® has hired Todd Carpenter to fill a new position, Managing Director of Data Analytics.

NAR testified today before the Senate Committee on Banking, Housing and Urban Affairs that defaulting on the nation's federal debt could be disastrous for the U.S. economy and catastrophic for the housing recovery.

Nearly nine out of 10 recent home buyers said that heating and cooling costs were somewhat or very important when considering a home for purchase, indicating the importance of energy efficiency and environmentally friendly home features.

NAR President Gary Thomas released a statement about NAR's role, over the past five years, in shaping policies to stabilize the market, recover home values, ensure access to affordable credit, and renew faith in the value of home ownership.